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Ken De Feo | The $8M Valuation Gap and What It Teaches Us About Appraisal Subjectivity
Two appraisals. One property. $8 million apart.
That kind of gap didn’t just raise eyebrows, it helped break the system in 2008.In this episode of Appraisers on Purpose, Ken De Feo pulls back the curtain on the wild inconsistencies in appraisal during the lead-up to the financial crisis and why some of those same risks are still lurking today.
Ken has seen it all: subprime chaos, default servicing, asset review, and now, he's helping lead the charge on UAD 3.6, the appraisal modernization project that might actually fix what’s broken.
Inside the episode:
▪️The $8M value gap that made Ken's…
The skinny
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